The currency pair Shiba Inu/Tether (SHIB/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support level at 0.000024480 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.000026520 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000030460 |
2nd High | 0.000028180 |
Next High | 0.000026520 |
Current Price | 0.000025300 |
Next Low | 0.000024480 |
2nd Low | 0.000023550 |
3rd Low | 0.000023320 |
Download SHIB/USDT Signal Image
Trading Signals: CRYPTO – SHIB – SHIB/USDT – USDT – Three Black Crows